Exemption u/s 35AC - of the ITA, 1961, the C.G. had specified for Running of Chidbavananda Rural Education and Medical Centre and construction and running of M/s. G. Kuppuswamy Naidu memorial Hospital at Coimbatoreby the Kuppuswamy Naidu Charity Trust as an eligible project or scheme

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....f the ITA, 1961, the C.G. had specified for Running of Chidbavananda Rural Education and Medical Centre and construction and running of M/s. G. Kuppuswamy Naidu memorial Hospital at Coimbatoreby the Kuppuswamy Naidu Charity Trust as an eligible project or scheme NOTIFICATION NO. 29/2007 [F. No. NC-274/03/2007], DATED 7-9-2007 S.O. 1506(E) - Whereas by notification of the Government of India in t....

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.... beginning with financial year 2004-05. And whereas the said project or scheme is likely to extend beyond six years ; And, whereas, the National Committee for the Promotion of Social and Economic Welfare, being satisfied that the said project or scheme is being executed properly, made a further recommendation under sub-rule (5) of rule 11M of the Income-tax Rules, 1962, for specifying the said p....